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Fed Leaves Rates Unchanged, Needs Greater Confidence In Slowing Inflation To Cut Rates

Por: RTTNews Business January 31, 2024

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In a widely expected move, the Federal Reserve on Wednesday announced that is has once again decided to leave interest rates unchanged.The Fed said it has decided to maintain the target range for the federal funds rate at 5.25 to 5.50 percent in support of its dual goals of maximum employment and inflation at the rate of 2 percent over the longer run.The decision to leave rates unchanged came as the Fed acknowledged inflation has eased over the... + full article



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